Excellent central Honolulu location in BMX-3 zoning offering outstanding development potential. Currently fully-occupied, this multi-family property generates a solid gross annual rental income of $80,940, with tenants paying electricity. The property features two structures: a 2-story front building with four 1-bedroom/1-bath units, and a single-level back structure with two studio units sharing one bathroom. A residential use dedication for property tax runs through 2027. Strong rental demand, stable occupancy, and long-term upside make this an exceptional opportunity for investors or developers seeking both reliable income and future growth in a prime Honolulu locale.
| MLS # | 202520786 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1941 |
| Days On Site | 324 |
| Listing Provided By | Real Estate Strategies, LLC | Julian Young |
| SQ Feet | 2,720 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Zoning | 33 - BMX-3 Community Business M |
| Property View | City |
| Construction Materials | Brick, Wood Frame |
|---|
| Community Features | None |
|---|
| Property | 5256 |
|---|
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96826 |
| Area | Oahu |
| Community Name | MOILIILI |
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96826 |
| Area | Oahu |
| Community Name | MOILIILI |